STSM112030 - Derivatives: introduction to options: specified date
The majority of option contracts (see STSM112040) that are issued specify a time period during which the rights under the option can be taken up, after which the option will lapse.
The terms of an option may permit the holder to 바카라 사이트˜exercise바카라 사이트™ ( see STSM112050) their rights under the option contract and purchase/sell the underlying security, which includes stocks and shares, anytime from the issue date of the option, to the date when the option period expires.